Federal Reserve Chairman Jerome Powell stated that he will not resign if asked by President-elect Donald Trump, asserting that Trump does not have the authority to fire or demote him. Powell’s response came after the Fed cut interest rates by a quarter percentage point. Trump has criticized Powell for not easing monetary policy quickly enough, and in October 2020, he expressed his belief that he should be able to provide input on interest rate decisions. Despite Trump claiming the authority to remove Powell in March 2020, the Fed chair’s term is set to continue until 2026.
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Bihar SIR: Over 65 lakh voters not included in draft rolls; Patna tops list
Bihar's draft electoral rolls have excluded over 65 lakh names following a Special Intensive Revision, with Patna having the highest omissions, prompting criticism from opposition parties who allege bias towards the ruling NDA. The Supreme Court has urged for mass inclusion, while Parliament faced protests and adjournment regarding the issue, as the Election Commission released new draft rolls for claims. Want More Context? 🔎
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